Zimbabweans to feel the pinch as electricity prices more than double
The country has been facing chronic power shortages since May and daily blackouts last for up to 18 hours in most areas.
ZESA Holdings, which is implementing severe power cuts, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday.133 days ago
The economy grew higher than expected in 2018, Finance Minister Mthuli Ncube told Parliament.187 days ago
The southern African nation has struggled to produce enough electricity due to ageing equipment, with the most recent power plant having been built in 1987.600 days ago
The Zimbabwe Electricity Transmission and Distribution Company is owed more than $1 billion by electricity users, including domestic households, farmers, industries and mining companies.616 days ago